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Minimum wage rises

Employers need to ensure they are paying their employees at least the appropriate National Minimum Wage (NMW) or National Living Wage (NLW) rate. The rates increased from 1 April 2017. From 1 October 2016 From 1 April 2017 NLW rate for workers aged 25 and over £7.20* £7.50 the main rate for workers aged 21-24 £6.95 £7.05 the 18-20 rate...

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Tax-free childcare and childcare options

Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare, launched at the end of April and is being rolled out to parents, starting with those parents with the youngest children first. For every £8 a parent pays in, the government will pay in an extra £2. Parents can receive up to £2,000 per child, per year, towards their childcare costs making a total amount of £10,000. Higher limits of £4,000 and £20,000 apply for disabled children. To qualify for Tax-Free Child...

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Corporate criminal offence: Failure to prevent tax evasion

There is a new offence of corporate failure to prevent criminal facilitation of tax evasion coming into force from 30 September 2017. It applies to all companies, partnerships and LLPs. Individuals can be prosecuted under existing laws. It means management can be held liable for the actions of employees or agents who assist third parties to commit fraud or tax evasion. Tax evasion includes the offences of cheating the public revenue (which is a very widely drawn definition); or being knowingly concerned in, or taking steps with a view to, th...

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Sir Clive Woodward announced as speaker for Business Leaders Lecture

Rugby World Cup winning coach and businessman, Sir Clive Woodward OBE, has been announced as the keynote speaker at this year’s Business Leaders Lecture at The Hilton at the Ageas Bowl, Southampton, on 20th September 2017, hosted by Rothmans Accountants. Sir Clive’s legendary leadership skills and visionary approach to winning led the England rugby union team to World Cup glory in 2003 and his tenure as Director of Sport for Team GB at the London 2012 Olympic Games saw the home nation record its greatest ever overall performance....

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Petersfield businesses get together for Rothmans Accountants charity quiz night

Do you know which Hampshire town was founded in the 12th century by the Earl of Gloucester?! … Rothmans Accountants organised a fun-filled charity quiz night at Petersfield Golf Club to support the fantastic Kings Arms Youth Project recently. The highly successful night, packed with teams of people from across Petersfield, raised more than £500.00 for the charity. During the evening, participants won raffle prizes which were kindly donated by a variety of local businesses, including MacDonald Oates, Picketts and Pursers, Anni...

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Kelly Duncan, Tax Associate at Rothmans Accountants, receives her Dementia Friends certificate

Local accountancy firm backs Dementia Friends

A tax associate with Petersfield-based Rothmans Accountants has become a Dementia Friend, an Alzheimer’s Society initiative. Kelly Duncan, who has been with the firm for six years, attended the scheme’s training session. She said, “As a local business, we believe it’s important to assist those in the community who find it difficult to access certain services or communicate their wishes. “The course was invaluable in raising my awareness of what it’s like to live with dementia and how we can support thos...

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